{"id":42073,"date":"2023-01-12T08:51:00","date_gmt":"2023-01-12T08:51:00","guid":{"rendered":"https:\/\/www.grifal.it\/agreement-jose-neves-embalagens-production-cartu-portugal\/"},"modified":"2025-01-27T09:25:23","modified_gmt":"2025-01-27T09:25:23","slug":"agreement-jose-neves-embalagens-production-cartu-portugal","status":"publish","type":"post","link":"https:\/\/www.grifal.it\/en\/agreement-jose-neves-embalagens-production-cartu-portugal\/","title":{"rendered":"Agreement between Grifal Group and Jos\u00e9 Neves Group to produce innovative cArt\u00f9\u00ae in Portugal"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Important step in the development of the Grifal Group&#8217;s European network: thanks to the<strong>agreement<\/strong> made with the <strong>Jos\u00e9 Neves<\/strong> Industrial Group, based in Ponte Guimaraes near Porto, the joint venture &#8220;Seven cArt\u00f9 Lda&#8221; is born for the production in <strong>Portugal<\/strong> of the<a href=\"https:\/\/www.grifal.it\/en\/?page_id=42422\">innovative cArt\u00f9\u00ae corrugated board<\/a>.<\/p>\n\n<p class=\"wp-block-paragraph\">The two Groups will operate with equivalent shares: operational, commercial and administrative support will be provided by the Jos\u00e9 Neves Group, while Grifal, through its subsidiary Tieng Srl, will provide the corrugation lines and know-how for the production of cArt\u00f9\u00ae.<\/p>\n\n<p class=\"wp-block-paragraph\">Jos\u00e9 Neves Group has been a leader in the <strong>packaging<\/strong> industry for 40 years, with significant experience both locally and internationally. The cArt\u00f9\u00ae production site will be operational during 2023, bringing together expertise and skills in the <strong>processing of corrugated paper-based materials<\/strong>.<\/p>\n\n<h2 class=\"wp-block-heading\"><strong>Statements from Presidents Jos\u00e9 Neves and Fabio Gritti<\/strong><\/h2>\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\"><em>&#8220;We could have continued to grow organically based on our solid reputation and large customer base in the Portuguese and international markets<\/em>,&#8221; said  <strong>Jos\u00e9 Neves<\/strong>, president and founder of the Portuguese Group &#8211;  <em>Instead, we chose to introduce the virtuous innovation of <sup>cArt\u00f9\u00ae<\/sup> to our market because we believe it is a winner, 100 percent in line with the growing demand for greener products to replace foam plastics.&#8221;<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For <strong>Fabio Gritti<\/strong>, president and CEO of Grifal Group: &#8220;<em>The understanding between two distant but similar entities in terms of history, reputation and expertise, located in the heart of Europe and believing in the value of sustainable innovation is the basis of this partnership that will last for a long time generating important shared successes. It will be cArt\u00f9&#8217;s third production site, following those already built in Italy and Romania and a new step in the development of the European network.&#8221;<\/em><\/p>\n<\/blockquote>\n\n<h2 class=\"wp-block-heading\"><strong>Investor Relations<\/strong><\/h2>\n\n<p class=\"wp-block-paragraph\">The official press release is available in the &#8220;<a href=\"https:\/\/www.grifal.it\/comunicati\/\">Price Sensitive Financial Releases<\/a>&#8221; section of the Investor Relations area of this website.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>cArt\u00f9\u00ae production also lands in Portugal! The agreement between Grifal and Jos\u00e9 Neves Embalagens is official. An important confirmation of the growth of this innovative, environmentally sustainable, protective and cushioning corrugated board in the green packaging market.<\/p>\n","protected":false},"author":12,"featured_media":32896,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[255],"tags":[243,259,263],"class_list":["post-42073","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-company","tag-cartu-en-2","tag-fabio-gritti-en-4","tag-italian-stock-exchange"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Agreement between Grifal Group and Jos\u00e9 Neves Group.<\/title>\n<meta name=\"description\" content=\"cArt\u00f9\u00ae production also lands in Portugal! 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